HORTENSKOGEN BORETTSLAG

3181 HORTEN

Finances

Share Ownership

Return on Equity

7,94 %

Current Ratio

3,09

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	612 000	608 000	593 000	556 000
Net Income	140 000	100 000	152 000	50 000
Total Assets	3 360 000	3 264 000	3 308 000	3 132 000
Total Equity	1 763 000	1 623 000	1 522 000	1 370 000

Income (NOK)	2022	2021	2020	2019
Revenue	612 000	608 000	593 000	556 000
Expenditure	440 000	480 000	407 000	466 000
Operating Profit	172 000	127 000	186 000	90 000
Financial Income	5 000	0	1 000	2 000
Financial Costs	37 000	27 000	35 000	43 000
Financial Balance	−32 000	−27 000	−34 000	−41 000
Earnings Before Tax	140 000	100 000	152 000	50 000
Tax	0	0	0	0
Net Income	140 000	100 000	152 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 780 000	2 792 000	2 804 000	2 744 000
Total Current Assets	580 000	472 000	503 000	388 000
Total Assets	3 360 000	3 264 000	3 308 000	3 132 000
Total Retained Equity	1 761 000	1 622 000	1 521 000	1 369 000
Total Equity	1 763 000	1 623 000	1 522 000	1 370 000
Total Long-Term Debt	1 410 000	1 487 000	1 563 000	1 640 000
Total Current Debt	188 000	155 000	222 000	122 000
Total Equity and Debt	3 360 000	3 264 000	3 308 000	3 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	612 000	608 000	593 000	556 000
Revenue	612 000	608 000	593 000	556 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	19 000	8 000	31 000
Depreciation	12 000	12 000	1 000	0
Impairment	0	0	0	0
Expenditure	440 000	480 000	407 000	466 000
Operating Profit	172 000	127 000	186 000	90 000
Financial Income	5 000	0	1 000	2 000
Financial Costs	37 000	27 000	35 000	43 000
Financial Balance	−32 000	−27 000	−34 000	−41 000
Dividends	0	0	0	0
Net Income	140 000	100 000	152 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 744 000	2 744 000	2 744 000	2 744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	48 000	60 000	0
Total Tangible Assets	2 780 000	2 792 000	2 804 000	2 744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 780 000	2 792 000	2 804 000	2 744 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	383 000	309 000	359 000	270 000
Total Current Assets	580 000	472 000	503 000	388 000
Total Assets	3 360 000	3 264 000	3 308 000	3 132 000
Total Equity	1 763 000	1 623 000	1 522 000	1 370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 410 000	1 487 000	1 563 000	1 640 000
Creditors	153 000	144 000	213 000	109 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 000	11 000	9 000	12 000
Total Current Debt	188 000	155 000	222 000	122 000
Total Equity and Debt	3 360 000	3 264 000	3 308 000	3 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,94 %	6,16 %	9,99 %	3,65 %
Debt-to-Equity Ratio	0,8	0,92	1,03	1,2
Operating Profit Margin	28,1 %	20,89 %	31,37 %	16,19 %
Current Ratio	3,09	3,05	2,27	3,18
Quick Ratio	3,09	3,05	2,27	3,18
Equity Ratio	0,52	0,5	0,46	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %